The Association of Suppliers to the British Clothing Industry (ASBCI) has republished its garment costing guide as an ebook, with the update now including a detailed explanation of labour costs calculations, a glossary of costing and accounting terms, and some cautionary anecdotes that demonstrate how easily product lines can go from profit to loss.
Bringing together the collective expertise of ASBCI members, ‘Garment Costing – everything you need to know about the cost of making clothes,’ was first published in 2018 and remains the only book of its kind to specifically address all the aspects of garment costing, the ASBCI says.
Republished for 2020, the organisation has taken advantage of Amazon’s Kindle format to offer the guide at a reduced price and make it available worldwide.
The technical handbook provides a step-by-step explanation of the garment costing process, including detailed chapters on sourcing strategy, the added-value supply chain, garment materials, labour, overheads, logistics, and garment reprocessing.
In addition to an analysis of the different stages of production and how these impact the cost of a garment, the ebook edition has been updated with a comprehensive explanation of costing calculations, complete with examples, to make it as easy as possible for fashion professionals at all stages of the supply chain to understand how to arrive at a final cost and how to price lines to ensure they make a profit.
Also included is a detailed explanation of labour cost calculations, including examples of time and work measurements and sample spreadsheets, a glossary of costing and accounting terms, and some anecdotes that demonstrate how easily product lines can go from profit to loss.
“We are delighted to make the Garment Costing handbook available in a low-cost ebook format,” says ASBCI chairman Alistair Knox. “It is the only guide of its kind to comprehensively cover this complex aspect of fashion buying and manufacture, and we are very pleased to be able to make it available more widely in response to popular demand.”
The Garment Costing handbook is available from Amazon. The free Kindle reading app is available for iOS, Android, PCs and Macs.